Search / Economy
Bulawayo's Mzinyathini gardens housing project faces delays
The ambitious Kensington gated community estate in Bulawayo, known as Mzinyathini Gardens, is facing significant delays due to challenges in obtaining a crucial development permit from the Umguza Rura...Published: 16 hrs ago | 321 | by Staff reporter
Is Auxillia Mnangagwa's 'philanthropic work' confirmation of her husband's abysmal failures to govern Zimbabwe?
Two days ago, Zimbabwe's First Lady Auxillia Mnangagwa graduated with a Doctor of Philosophy (PhD) degree in Tourism and Hospitality Management from the Midlands State University (MSU).This ac...Published: 16 hrs ago | 72 | by Tendai Ruben Mbofana
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 1160 | by Staff reporter
Russia open doors to Zimbabwean construction workers
Russia and Zimbabwe have initiated talks to facilitate the deployment of Zimbabwean workers to Russia, particularly in the construction sector. Russian Deputy Housing and Construction Minister...Published: 22 Nov 2024 at 14:44hrs | 439 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 540 | by Staff reporter
Mbudzi Interchange now 85% complete
The construction of the Mbudzi Traffic Interchange in Harare has reached 85% completion, with the much-anticipated project set to open to traffic soon. This marks a significant milestone in the Govern...Published: 22 Nov 2024 at 06:57hrs | 3549 | by Sgtaff reporter
Let us use sports to come together
Around 1300 hours on November 19, 2024, I fought my way from store to store in order to obtain a football ticket so that I could attend an Afcon match between South Sudan and the home team, Bafana Baf...Published: 21 Nov 2024 at 14:29hrs | 169 | by Leonard Koni
Christopher Dube urges Bulawayo residents to help identify his successor
Bulawayo Town Clerk Christopher Dube has called on residents to play an active role in selecting his successor as his extended term nears its end. Speaking at a Water Indaba hosted by the Matabeleland...Published: 21 Nov 2024 at 13:03hrs | 882 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1446 | by Staff reporter
UK, Czech Republic investors in Bulawayo
Investors from the Czech Republic and the United Kingdom (UK) visited Bulawayo on Monday to explore opportunities in various sectors as the city grapples with the challenges of de-industrialisation....Published: 21 Nov 2024 at 06:27hrs | 140 | by Staff reporter
Zimbabwe inches closer to rejoining Britain's colonies club
Zimbabwe's "remarkable democratic progress" has positioned the nation closer to rejoining the Commonwealth, the bloc's secretary-general, Ms. Patricia Scotland, has said.As Zimbabwe intensifie...Published: 21 Nov 2024 at 06:20hrs | 107 | by Staff reporter
Zimbabwe calls for unconditional removal of sanctions at UN Conference
Minister of Justice, Legal and Parliamentary Affairs, Ziyambi Ziyambi, is leading a Zimbabwean delegation at a high-level United Nations conference to advocate for the removal of sanctions imposed on ...Published: 21 Nov 2024 at 06:16hrs | 124 | by Staff reporter
Mnangagwa should learn from Ramaphosa's mature approach to international recognition
On the global stage, South African President Cyril Ramaphosa has long been an emblem of measured leadership and diplomatic tact, in stark contrast to his counterpart in Zimbabwe, President Emmerson Mn...Published: 20 Nov 2024 at 21:14hrs | 482 | by Tendai Ruben Mbofana
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 20 Nov 2024 at 21:09hrs | 103 | by Agencies
Zimbabwe pick 3 uncapped players in ODI squad for Pakistan series
Zimbabwe has named its squad for the highly anticipated white-ball series against Pakistan, which will begin with the first ODI on November 24 in Bulawayo. The series, which includes three ODIs and th...Published: 20 Nov 2024 at 07:07hrs | 407 | by Staff reporter
Zimbabwe loses 18% of its energy
Zimbabwe's Energy and Power Development Minister Edgar Moyo has called for urgent upgrades to the country's grid network to address the unacceptable 18% energy loss rate, significantly higher than the...Published: 20 Nov 2024 at 07:01hrs | 246 | by Staff reporter
Zimbabwe chiefs to receive bonuses raising controversy
In a move that is likely to spark debate, Zimbabwe's traditional chiefs are set to receive bonuses just two months after they were gifted twin-cab vehicles worth millions of dollars. The decision come...Published: 20 Nov 2024 at 06:58hrs | 352 | by Staff reporter
Chivayo steps in to aid Simon 'Pashoma' Ncube with $20,000 small donation
Prominent Zimbabwean tenderprenuer Wicknel Chivayo has pledged a life-changing donation to former ZBC Radio DJ Simon "Pashoma" Ncube, who has been living in destitute conditions. In a heartfelt ...Published: 19 Nov 2024 at 19:56hrs | 1424 | by Staff reporter
Sadc extraordinary Summit unfolds in Zimbabwe
The Southern African Development Community (SADC) has convened an extraordinary summit in Harare to address escalating political and security challenges in the region, with a focus on Mozambique, the ...Published: 19 Nov 2024 at 13:49hrs | 841 | by Staff reporter
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 7564 | by Staff reporter
Mnangagwa declares Mbare inferno a disaster
President Emmerson Mnangagwa has declared the devastating fire that ravaged the Mbare Traders Market a state of disaster, paving the way for urgent assistance and resources to support thousands of tra...Published: 19 Nov 2024 at 08:56hrs | 1140 | by Staff reporter
NMBZ turns to Rabobank for agric financing
NMBZ Holdings Limited, a leading financial services group, has announced a strategic partnership with Rabobank, a Dutch multinational specializing in banking and financial services, to implement an en...Published: 19 Nov 2024 at 08:49hrs | 210 | by Staff reporter
Duo convicted of stealing sugar
Two Harare men, Enerst Gwetsai (30) of Glenview 1 and Forget Dzapasi of Glen Norah A, have been convicted by the Harare Magistrates Court for misleading customers by falsely labelling their sugar as 2...Published: 18 Nov 2024 at 15:03hrs | 115 | by Staff reporter
Domestic Tourism festive season campaign launched
Minister of Tourism and Hospitality Industry, Barbara Rwodzi has this Saturday in Mazoe launched Domestic Tourism festive season travel campaign targeting...Published: 17 Nov 2024 at 07:59hrs | 710 | by Gideon Madzikatidze
So, when will the UN hold a Summit on democracy and human rights?
As world leaders make their way back to their respective countries after the COP29 Climate Change Summit in Baku, Azerbaijan, one can't help but ask: when will the United Nations (UN) hold a summit de...Published: 16 Nov 2024 at 20:22hrs | 287 | by Tendai Ruben Mbofana
Affinity to shut out truth don't want to hear is one cause we're a failed state
In 1975 lan Douglas Smith, Prime Minister Rhodesia said, "If blacks are to rule themselves people in towns will walk on sewage until they believe it's normal, all the gains from colonisation will varn...Published: 16 Nov 2024 at 20:17hrs | 759 | by Wilbert Mukori
TTI Boss Lizwe Mabuza: The Philanthropic Visionary Driving Bulawayo's Social Responsibility Agenda
In an era where corporate social responsibility (CSR) is often reduced to buzzwords and token gestures, one man stands as a testament to genuine commitment towards community upliftment. Lizwe Mabuza, ...Published: 16 Nov 2024 at 20:08hrs | 3468 | by Mandla Ndlovu
Mnangagwa caps 3,201 at NUST
President Emmerson Mnangagwa presided over the graduation of 3,201 students at the National University of Science and Technology (NUST) yesterday. The ceremony, held at the Zimbabwe International Exhi...Published: 16 Nov 2024 at 14:22hrs | 107 | by Staff reporter
Zanu-PF suspends 16 members for supporting independent candidates
Sixteen Zanu-PF members have been suspended for five years after being found guilty of supporting independent candidates during the 2023 National Assembly and local authority elections.Fifteen...Published: 15 Nov 2024 at 08:31hrs | 464 | by Staff reporter
Whites want South Africa's township economy
South Africa has had Spaza shops controlled by foreigners for the better part of 30 years, and we never had food poisoning. But all of a sudden, now that white foreigners are building malls in the tow...Published: 14 Nov 2024 at 15:16hrs | 885 | by Rutendo Matinyarare
Plundering of Zimbabwe's minerals stalling a just energy transition in fighting climate change
In his address at a High-Level Meeting on Resourcing the Energy Transition with Justice and Equity, held on the sidelines of COP29 in Baku, Azerbaijan, Zimbabwe's President Emmerson Mnangagwa delivere...Published: 14 Nov 2024 at 12:37hrs | 158 | by Tendai Ruben Mbofana
Edgar Lungu, the Tonse Coalition, and Zambia's political landscape: A clash of visions ahead of the 2026 elections
As Zambia gears up for the 2026 elections, the country's political scene is increasingly defined by the emerging rivalry between former President Edgar Lungu and current President Hakainde Hichilema, ...Published: 14 Nov 2024 at 12:28hrs | 629 | by Nkululeko Nkomo
Calls for stronger regulation of Starlink's expansion in Africa
The rapid expansion of Starlink's satellite internet services across Africa has prompted a growing chorus of concern from local industry experts, telecommunications companies, and internet service pro...Published: 14 Nov 2024 at 09:52hrs | 470 | by Staff reporter
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 98 | by Staff reporter
Afreximbank to inject US$1bn into Zimbabwe economy
The African Export-Import Bank (Afreximbank) has announced a substantial financial commitment of US$1 billion to support Zimbabwe's economic growth, with funds allocated to various sectors in both the...Published: 14 Nov 2024 at 09:21hrs | 175 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 578 | by Tendai Ruben Mbofana
Why are Zimbabweans such a selfish lot?
Zimbabwe, once heralded as the "breadbasket of Africa," is now a country struggling under the weight of political mismanagement, corruption, and economic collapse. As citizens face ever-deepen...Published: 12 Nov 2024 at 20:44hrs | 628 | by Tendai Ruben Mbofana
Ghana's John Mahama projected to unseat ruling party in December election
Ghana's main opposition leader and former president, John Dramani Mahama, appears to be the front-runner in the upcoming December presidential election, according to an opinion poll released on Monday...Published: 11 Nov 2024 at 13:46hrs | 498 | by Staff reporter
NetOne launch dollar-a-month medical cover
In a bid to increase healthcare access in Zimbabwe, state-owned mobile network operator NetOne has teamed up with Salutem International Medical Fund to launch an innovative, low-cost healthcare produc...Published: 11 Nov 2024 at 11:37hrs | 1681 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2291 | by Staff reporter
Zimbabwe govt urges urban densification
The Zimbabwean government is pushing for higher-density settlements in urban areas to address land demand and protect agricultural regions critical to national food security. Speaking at the Africa In...Published: 11 Nov 2024 at 07:03hrs | 145 | by Staff reporter
Germans don't have enough paper for new elections
German's Electoral commission boss says carrying out 'printing orders' is a 'great challenge' amid collapse of Olaf Scholz's governmentEarly elections in Germany may not be possible because of...Published: 10 Nov 2024 at 13:22hrs | 478 | by Staff reporter
Top Bank executive slams RBZ tight policy measures
A prominent banking executive has criticized the Reserve Bank of Zimbabwe (RBZ) for focusing too heavily on exchange rate stability at the cost of economic growth, warning that the central bank's rece...Published: 10 Nov 2024 at 11:05hrs | 1826 | by Staff reporter
Mnangagwa expected in Azerbaijan for climate indaba
President Emmerson Mnangagwa arrived in Azerbaijan today to attend the United Nations Climate Change Conference, COP29, where climate finance will be a central focus. The President's departure from Ha...Published: 10 Nov 2024 at 10:46hrs | 62 | by Staff reporter
Edgar Lungu announces return to save Zambia
On October 28, 2023, Edgar Chagwa Lungu, the sixth President of Zambia, formally announced his return to active politics during the 9th memorial ceremony of President Michael Sata, the founder of the ...Published: 09 Nov 2024 at 17:34hrs | 2736 | by Staff reporter
Zimbabwe eyes deeper ties with China through belt and road initiative
Zimbabwe looks forward to deepening its partnership with China under the Belt and Road Initiative (BRI), anticipating extensive collaboration in economic development, said Midlands Minister of State f...Published: 09 Nov 2024 at 17:02hrs | 188 | by Staff reporter
Zimbabweans are educated for nothing: A nation of intellectuals with no voice
Zimbabwe is a country blessed with a wealth of intellectual capital.Its people are among the most educated in Africa, with a strong tradition of academic excellence, particularly in fields lik...Published: 08 Nov 2024 at 14:26hrs | 35489 | by Tendai Ruben Mbofana
Mnangagwa takes pupils through Zanu-PF slogans
President Emmerson Mnangagwa yesterday promised to create more positions for young people within Zanu-PF structures as he officiated at the Africa Youth Day and Youth Empowerment Forum at the Magamba ...Published: 08 Nov 2024 at 07:02hrs | 141 | by Staff reporter
'Zimbabwe economy among the least free globally'
Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, ren...Published: 08 Nov 2024 at 07:02hrs | 664 | by Staff reporter
Chiwenga calls for stronger public-private partnerships
Vice-President Dr. Constantino Chiwenga emphasized the need for stronger partnerships between the Zimbabwean Government and private sector to accelerate infrastructure development and propel economic ...Published: 08 Nov 2024 at 06:59hrs | 64 | by Staff reporter
Load More Stories